StanCorp Financial Group, Inc. and Standard Insurance Company Appoint Patrick Criteser and James Lobdell to Board of Directors

PORTLAND, Ore.--(BUSINESS WIRE)--StanCorp Financial Group, Inc. and primary operating subsidiary Standard Insurance Company have appointed Patrick Criteser and James Lobdell to their boards of directors.

Criteser is president and chief executive officer of the Tillamook County Creamery Association, a national dairy co-operative headquartered in Oregon owned by nearly 80 farming families. Prior to that, he was president and chief executive officer of Coffee Bean International. Criteser currently serves on the boards of the Oregon Business Council, the Oregon Community Foundation and Hampton Lumber. His appointment was effective June 30, 2020.

Lobdell is senior vice president of finance, chief financial officer and treasurer of Portland General Electric, Oregon’s largest electric utility. Since joining PGE in 1984, Lobdell has held a number of key positions within the company and its affiliates. He serves on the boards of the Oregon and SW Washington Chapter of the ALS Association and the PGE Foundation. His appointment was effective June 30, 2020.

"Patrick and Jim bring decades of business, financial and operational experience to the board. I’m confident that their demonstrated executive leadership skills and expertise will make them valuable contributors to the StanCorp and Standard Insurance Company boards of directors," said Greg Ness, chairman, president and chief executive officer.

About StanCorp Financial Group, Inc., and The Standard

StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard — Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities — is a leading provider of financial products and services. StanCorp’s subsidiaries offer group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities, origination and servicing of fixed-rate commercial mortgage loans, and investment advice. For more information about StanCorp Financial Group, Inc., visit its investor website at www.stancorpfinancial.com.